Author: Justine Pollard
Price: $597.00 (incl. GST)
Supplied: Email will be sent with a website link for you to download the PDF notes and mp3 audio recordings
The goal of professional trading is to let your profits run and cut your losses short. In order to do this you have to know how to manage your risk in the market.
Risk is an essential part of trading and it is what determines your long term success in the market. You can't control the market, the only thing you can control is how you manage your risk in the market.
Every time you open up a trade in the market you are opening yourself up to risk and "you" are the only person that can control that. That is why risk management is so critical and is actually the most important ingredient to your trading success. Amateur traders are mostly interested in entries, yet entries are a minor part to your overall trading strategy. In the end it is how you manage the trades after you enter that determines your success in the market.
In this three session audio course Justine will be teaching you all about the strategies that she personally uses to manage her risk in the market and it is these strategies that have made her the successful trader that she is today.
Justine developed a Smart Trading Plan & System Development Online Audio Course. This is an 11 session audio course with comprehensive course notes that is aimed at assisting you in completing your own personal trading plan and teaching you all the keys to successful trading, including Justine's money management strategies and personal trading systems. As part of this course Justine focuses three sessions on risk and money management and covers all her key strategies to her trading success. You will learn everything from how to position size your trades and manage stop losses to how to add to winning positions and manage your maximum open market risk.
Included in the course are:
- Over two and a half hours of audio - split into 3 audio recordings (supplied in mp3 format for you to download or listen to from the exclusive course web page).
- Comprehensive course notes that support each audio session (supplied in a pdf format).
- Plus, as a special bonus you will receive the MetaStock code for Justine's secret weapon in the market - her trailing stop loss.
Don't worry if you don't have MetaStock - this is the charting package that Justine uses and she teaches how her trailing stop loss works so that you can track it manually without needing to have MetaStock.
Here is an overview of what is covered in each of the three audio sessions:
Session 1: Money Management Part 1
The keys to successful trading lie in risk and money management strategies. They are not commonly taught and in this first money management session you will learn:
- how to position size your trades based on percentage risk
- Justine's secret strategy for setting her initial stop loss
- the importance of maximum position size
- capital allocation strategies
Session 2: Money Management Part 2
Stop losses are your lifeline in the market. Learn about the different methods and discover Justine's secret trailing stop loss strategy that she uses to follow the golden rule of trading. In this session you will:
- discover Justine's secret stop loss strategies
- how Justine sets her stops and manages her trailing stop loss
- be provided with the MetaStock code for Justine's stop loss
Session 3: Money Management Part 3
Discover how to build on profitable positions and manage your maximum risk exposure in the market. In this session you will learn:
- how to pyramid into trades - when and how much
- the final secret to managing your maximum risk exposure in the market at all times
So if you want to learn about the keys to successful trading, this is the course for you!
Not for individual sale. Course is part of the Smart Money Management Training Pack.
